NOT LISTED FOR SALE

3871 Homewood Cove Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $265,086 - $332,000

4 Beds
2 Baths
3,200-3,399 Sq Ft
$85/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $145,000 $43 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,693/month

45 Days on Market

Highlights

  • In Ground Pool
  • Living Room with Fireplace
  • Wood Flooring
  • 2.09 Acre Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of May 2017

Large home on an excellent lot. Quiet rear yard with huge trees and nice pool accent the rear yard. Large kitchen, huge den, formal library, formal dinning room, sun room, large workshop... Lots of features!

Last Agent to Sell the Property

Shorty Watkins

River Oaks, Inc. License #53894 Listed on: 01/31/2017

Last Buyer's Agent

John Payne

BEST Real Estate Company License #291654

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 1945

Lot Details

  • 2.09 Acre Lot
  • Wrought Iron Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,301 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Mud Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Circular Driveway

Outdoor Features

  • In Ground Pool
  • Cove
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Goodwin Pt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 084020 00063

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,442

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 734C
  • MAAR Subdivision Name: GOODWIN
  • List Price Per Sq Ft: 45
  • Number Of Stories: 2
  • Price Per Sq Ft: 43.93
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3301
  • Year Built: 1945
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath, Laundry Room, Sun Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: Attic Access, Mud Room
  • Other Rooms: Laundry Room, Sun Room, Bonus Room, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Vinyl Siding, Stucco
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Circular Drive, Storage Room(s), Workshop(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Cove, Iron Fenced
  • Acreage: 2.09
  • Lot Size: 163/155.85 X 563/599.44
  • Price Per Acre: 71722

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 084020 00063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
May 4, 2017
Sold by
Mortagage Corporation
Bought by
Wooten Lacey
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
John Payne
BEST Real Estate Company
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Current Estimated Value
$289,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,272
Avg. Annual Appreciation
8.49%
Original Mortgage
$142,373
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2005
Sold by
Wallace Beverlee
Bought by
Jpmorgan Chase Bank Natioanl Asso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,050
Interest Rate
5.77%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wooten Lacey $145,000 Edco Title & Closing Svcs In
Jpmorgan Chase Bank Natioanl Asso -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooten Lacey $112,000
Closed Wooten Lacey $142,373
Previous Owner Wallace Beverlee $15,050
Previous Owner Wallace Beverlee $161,600
Previous Owner Wallace Beverlee J $138,000
Previous Owner Wallace Beverlee $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $145,000 -9.3% $45 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $159,900 -- $50 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,442 $65,575 $10,900 $54,675
2024 $1,442 $42,525 $9,325 $33,200
2023 $2,590 $42,525 $9,325 $33,200
2022 $2,590 $42,525 $9,325 $33,200
2021 $2,621 $42,525 $9,325 $33,200
2020 $2,498 $34,475 $9,325 $25,150
2019 $2,498 $34,475 $9,325 $25,150
2018 $2,498 $34,475 $9,325 $25,150
2017 $1,417 $34,475 $9,325 $25,150
2016 $1,452 $33,225 $0 $0
2014 $1,452 $33,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Shorty Watkins

    River Oaks, Inc.

    Section Image

  • J

    Buyer's Agent in 2017

    John Payne

    BEST Real Estate Company

    (901) 314-1950

    17 Total Sales

    John Payne
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9994620

Memphis Area Association of REALTORS®

APN: 08-4020-0-0063

Tennessee Shelby County Memphis 38128 Raleigh

3871 Homewood Cove, Memphis, TN

This home is located at 3871 Homewood Cove, Memphis, TN 38128 since 31 January 2017 and is currently estimated at $289,272, approximately $85 per square foot. This property was built in 1945. 3871 Homewood Cove is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes